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China - The Mother of All Black Swans
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Re: China - The Mother of All Black Swans
Wait, how can it be a "Black Swan" event if it was manufactured and predictable? The mind boggles.
By the way, great find. Thanks for posting this presentation.
P.S. This presentation is depressing: "China will turn from a wind in the sails of global economy to its anchor" (slide 23)Last edited by reggie; April 19, 2010, 12:08 AM.The greatest obstacle to discovery is not ignorance - it is the illusion of knowledge ~D Boorstin
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Re: China - The Mother of All Black Swans
Even black swans have mothers.Originally posted by reggie View PostWait, how can it be a "Black Swan" event if it was manufactured and predictable?
What matters is whether the event was predictable to the victim, not to the perpetrator/mother/crook/...Most folks are good; a few aren't.
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